James G. Dolphin - Nov 22, 2021 Form 4 Insider Report for GENCO SHIPPING & TRADING LTD (GNK)

Role
Director
Signature
/s/ James G. Dolphin
Stock symbol
GNK
Transactions as of
Nov 22, 2021
Transactions value $
$0
Form type
4
Date filed
11/24/2021, 04:20 PM
Previous filing
Aug 27, 2021
Next filing
Mar 18, 2022

Derivative Securities (e.g., puts, calls, warrants, options, convertible securities)

Type Sym Class Transaction Value $ Shares Change % * Price $ Shares After Date Underlying Class Amount Exercise Price Ownership Footnotes
transaction GNK Restricted Stock Units Award $0 +4.75 +1.06% $0.00 454 Nov 22, 2021 Common Stock 4.75 Direct F1, F2, F10
transaction GNK Restricted Stock Units Award $0 +13.7 +1.06% $0.00 1.31K Nov 22, 2021 Common Stock 13.7 Direct F2, F3, F10
transaction GNK Restricted Stock Units Award $0 +196 +1.06% $0.00 18.7K Nov 22, 2021 Common Stock 196 Direct F2, F4, F10
transaction GNK Restricted Stock Units Award $0 +98.7 +1.06% $0.00 9.43K Nov 22, 2021 Common Stock 98.7 Direct F2, F5, F10
transaction GNK Restricted Stock Units Award $0 +55.9 +1.06% $0.00 5.34K Nov 22, 2021 Common Stock 55.9 Direct F2, F6, F10
transaction GNK Restricted Stock Units Award $0 +116 +1.06% $0.00 11.1K Nov 22, 2021 Common Stock 116 Direct F2, F7, F10
transaction GNK Restricted Stock Units Award $0 +153 +1.06% $0.00 14.6K Nov 22, 2021 Common Stock 153 Direct F2, F8, F10
transaction GNK Restricted Stock Units Award $0 +121 +1.06% $0.00 11.6K Nov 22, 2021 Common Stock 121 Direct F2, F9, F10
* An asterisk sign (*) next to the price indicates that the price is likely invalid.

Explanation of Responses:

Id Content
F1 These restricted stock units ("RSUs") vested on July 17, 2015.
F2 Each RSU represents the right to receive one share of the issuer's common stock, or in the sole discretion of the issuer's Compensation Committee, the value of a share of common stock on the date that the RSU vests.
F3 These RSUs vested on May 18, 2016.
F4 These RSUs vested on May 17, 2017.
F5 These RSUs vested on May 15, 2018.
F6 These RSUs vested on May 15, 2019.
F7 These RSUs vested on July 15, 2020.
F8 These RSUs vested on May 13, 2021.
F9 These RSUs generally vest on the earlier of (i) the date of the annual shareholders meeting of the issuer next following the date of the grant and (ii) the date that is fourteen months after the date of the grant.
F10 Represents additional RSUs granted in lieu of the right to receive the amount of cash dividends paid on the common stock underlying the previously outstanding RSUs pursuant to the terms of the governing RSU agreements. The number of additional RSUs is calculated by dividing the amount of the dividend by the closing price per share of the issuer's common stock on the dividend payment date.